Re: [Vo]:Robots Are Replacing Humans at All These Wall Street Firms

[Che]

Communists promise to free Humanity from the tyranny of the capitalist
abuse of technology 'for profit'. Those who chase after these
money-grubbing financier/rentier parasites for funding -- selling their
souls for the equivalent of a mess of potage in the process -- ARE
political-economic fools; even if they may also just happen to be
technological geniuses at the same time...


On Wed, Sep 27, 2017 at 2:26 AM, Axil Axil  wrote:

> http://fortune.com/2017/03/30/blackrock-robots-layoffs-
> artificial-intelligence-ai-hedge-fund/
>
> BlackRock isn't the only Wall Street investor laying off human
> stock-pickers and replacing them with robots.
>
> The world's biggest money manager on Tuesday announced that it would cut
> more than 40 jobs, replacing some of its human portfolio managers with
> artificially intelligent, computerized stock-trading algorithms.
>

Re: [Vo]:Robots Are Replacing Humans at All These Wall Street Firms

[Jed Rothwell]

Axil Axil  wrote:

>
> The world's biggest money manager on Tuesday announced that it would cut
> more than 40 jobs, replacing some of its human portfolio managers with
> artificially intelligent, computerized stock-trading algorithms.
>

Serves 'em right.


See also:

https://www.nytimes.com/2017/09/27/opinion/how-big-banks-became-our-masters.html

- Jed

[Vo]:Robots Are Replacing Humans at All These Wall Street Firms

[Axil Axil]

http://fortune.com/2017/03/30/blackrock-robots-layoffs-artificial-intelligence-ai-hedge-fund/

BlackRock isn't the only Wall Street investor laying off human
stock-pickers and replacing them with robots.

The world's biggest money manager on Tuesday announced that it would cut
more than 40 jobs, replacing some of its human portfolio managers with
artificially intelligent, computerized stock-trading algorithms.